U.S. banks' commercial and industrial loans fell $7.1 billion, to about $1.350 trillion, in the week ended Dec. 9, the latest week for which data are available, the Federal Reserve said Friday.

This came after a $5.3 billion decrease the previous week.

Jumbo certificates of deposit grew $100 million, to about $1.885 trillion in the latest weekly data, after shrinking $3.9 billion the previous week. Revolving home equity loans fell $500 million, to $603 billion, after growing $100 million the previous week.

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